[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"content-doc-dcioc2886bb5":3},{"user":4,"document":8,"mainDocument":27,"columnUrl":29,"subscription":30,"footer":42,"text":80},{"isAuthenticated":5,"isAdmin":5,"displayName":6,"avatarUrl":6,"nid":6,"groupLevel":7},false,"",-10,{"id":9,"fullTitle":10,"subTitle":6,"url":11,"columnId":12,"columnName":13,"columnUrl":14,"summary":6,"contentHtml":15,"mainContentHtml":6,"posterUrl":16,"createDate":17,"displayDate":18,"displayDateSlash":19,"pageviews":20,"tags":21,"hidden":5,"isSubContent":5,"replyDocOrTargetId":6,"contentType":23,"videoId":6,"liveVideoUrl":6,"useContentVideo":5,"duration":24,"price":24,"priceText":25,"priceBadgeText":25,"priceBadgeClass":26,"freeForMinGroupLevel":24,"redirectUrl":6,"readyToStream":5},"dcioc2886bb5","告别“算力贬值”焦虑！新云厂商老一代GPU有望战至-2029-年，美银证券维持CoreWeave(CRWV)和-Nebius(NBIS)“买入”评级","\u002Fdoc\u002Fdcioc2886bb5","col18178739ee","美股资讯","\u002Fcol\u002Fcol18178739ee","\u003Cp>\n\u003C\u002Fp>\u003Cp>\u003Cspan>美股投资网获悉，美银证券表示，CoreWeave(CRWV)和 Nebius(NBIS)最近公布的财报表明，新兴云服务(Neocloud)行业正受益于“日益有利的定价动态”。该行对 CoreWeave 和 Nebius 均维持“买入”评级，目标价分别为 140 美元和 310 美元。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>由泰尔·里亚尼领衔的美银分析师团队在周一的一份投资者报告中表示“两家公司都强调了来自超大规模客户、AI 实验室和企业的强劲需求，且需求持续超过现有的 GPU 供应。早期推理部署带来的强劲回报正在支持客户增加支出，而下一代 GPU 的价格则继续推高。重要的是，尽管新产品接连推出，老一代 GPU 的价格依然保持韧性，这表明短期内价格压力有限。此外，与传统的 5 年期合同相比，可用算力容量越来越能够以溢价形式签订合同，这反映出当前需求的紧迫性。”\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>美银表示，这些趋势可能会推动营业利润率提升 500 至 1000 个基点。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>新兴云服务提供商还证明，较旧的 GPU 资产有可能拥有比预期长得多的经济寿命。例如，CoreWeave 的英伟达(NVDA)A100 算力集群已签约至 2029 年，这意味着其生命周期至少长达九年。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>里亚尼指出“随着资产寿命延长，运营商能够在更长的时间跨度内将硬件变现，同时继续受益于对前代算力持续存在的需求，这增强了市场对现有及未来 GPU 部署长期价值主张的信心。”\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>最后，算力扩建计划仍在按计划推进。CoreWeave 计划到 2030 年实现 8 吉瓦(GW)的算力容量，而 Nebius 则打算从 2027 年开始每年部署超过 1 吉瓦。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>里亚尼补充道“我们认为，这些扩建目标反映出对 AI 基础设施需求持久性的高度信心，并强化了这一观点电力供应和执行力仍是推动增长的核心因素。”\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>最专业的美股资讯,推荐美股大数据 \u003Ca href=\"https:\u002F\u002FStockwe.com\u002F\">https:\u002F\u002FStockwe.com\u002F\u003C\u002Fa>\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>如何识别美股市场异常波动？美国机构主力资金买卖情况，出货和吸筹，使用美股投资网VIP会员，2008年成立于美国硅谷，由前纽约证券交易所分析师Ken创立，联合多位摩根斯坦利分析师，谷歌 Meta工程师利用AI和大数据，配合十多年美股实战经验和业内量化模型，建立了一个股市数据库 \u003Ca href=\"https:\u002F\u002FStockWe.com\u002F\">https:\u002F\u002FStockWe.com\u002F\u003C\u002Fa> 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buy@TradesMax.com 美国电话 626-378-3637","公司介绍","\u003Cp class=\"MsoNormal\">美股大数据 \u003Ca href=\"https:\u002F\u002Fstockwe.com\" rel=\"noopener\">StockWe.com\u003C\u002Fa> 是一个美国领先的金融和美股信息大数据提供商，紧盯华尔街金融市场和行情，2008年成立于美国硅谷，创始人是前纽约证券交易所资深分析师Ken，联合多位摩根斯坦利分析师，谷歌 Meta工程师利用AI和大数据，配合十多年美股实战经验和业内量化交易模型，每天处理海量股票数据：挖掘潜力大牛股，捕捉期权异动大单，实时主力资金流向、机构持仓变化、川普突发新闻，美股买卖信号第一时间发到您手机APP。\u003C\u002Fp>","专业美股投资者都在这里",{"loading":81,"search":82,"searchPlaceholder":82,"hotContent":83,"draft":84,"noData":85,"searchNoData":86,"courseContent":87,"more":88,"buyNow":89,"subscribeNow":90,"encoding":91,"paidContent":92},"Loading...","搜索","热门内容","草稿","目前没有任何内容公布","当前检索内容没有数据","课程内容","更多","立即购买后观看","- 立即订阅 -","视频编码中...","付费内容"]